Consultancy

A consultant is someone who analyses the needs and position of the client, then provides ideas for solving problems and making improvements. Consultants may work as part of a specialist consultancy firm, within the consultancy division of a professional services firm, or as an independent contractor.

Some consultancies supply general strategic consultants, who will analyse the effectiveness of the overall company, and recommend the most appropriate way to go forwards. Others will be more specialist and managers deal with a particular problem or project. Examples include IT systems consultancy and compliance consultants.

Career Entry And Progression

Some consultants will initially be willing to work across a wide range of industries from financial services, to energy, construction, manufacturing and retail. However, as a consultant gains experience, and becomes more senior, they will tend to specialise in one particular sector.
The entry level position is as an analyst, supporting the consultants. A minimum 2.1 degree is usually required for this position, as is plenty of initiative. Within consulting firms a strict hierarchy exists, which can be climbed with experience. After serving time as an analyst, the first rung on the consultancy ladder is as a junior or associate consultant, then a fully fledged consultant.

Depending on the size of the firm there may be intermediate management levels of team leader, manager and principal. The highest level within a consultancy tends to be as a partner.

Skills And Qualifications

Analytical, computing, communication and teamwork skills are essential for even entry level positions. In more senior roles, leadership skills will be required, and the ability to effectively manage client relationships. Many consultants have an MBA qualification, which is sometimes sponsored by the employer.

Jobs in consultancy can be based more at the client’s premises than the consultancy’s offices.